2006 2007 - media.corporate-ir.netmedia.corporate-ir.net/media_files/irol/97/97140/2006ar/whr... ·...

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Eco-Friendly Washer Reduces energy use and offers a “Start Delay” function for overnight washing. E Washer Lid Colors New color accents on washer can match décor of laundry area. A SpeedCook Built-in Combination Oven Achieves uniform cooking results 30 percent faster than traditional oven with convection cooking in lower oven. SpeedCook upper oven grills and bakes. NA Bluetouch Washer Washes large loads with “smart” technology that saves up to 30 percent more water and energy. E Duet HT Laundry Pair New, sleek design with larger door, more intuitive controls and outstanding energy efficiency. NA Steam Dryer Steam dryer relaxes wrinkles and removes odors in minutes. NA Slide-Out Laundry Worksurface Space-saving, retractable shelf for treating, folding, and air drying clothes. NA Unique Glass Range High-end range with a gas on glass cooktop for easier cleanability. LA Touch Range First full electronic control for a gas range with more functions and precise control. LA Max Microwaves New Max product line offers new colors to match kitchen décor. E 6th Sense Built-in Oven Oven “senses” the weight of food and the precise temperature inside the cavity to control the cooking process and adapt cooking time. E Built-in Multi-Flow Oven Exclusive multi-flow system ensures even air circulation in the cavity for excellent and consistent cooking results. E European Launch of KitchenAid KitchenAid major appliances launch in Europe. E Evolution Hood An exceptionally stylish hood ventilation system that integrates with home interior design. E Built-In SuperHeated Steam Oven Built-in oven that combines steam with convection cooking. NA, E Step Cooktop Premium cooktop that adds two induction plates to the efficiency of three high-performance gas burners. E In Line Gallery Collection Compact products offer traditional and innovative functions - microwave cooking, fully automatic coffee machine and warming drawer, all with the same aesthetics. E Freestanding Hispanic Gas Range Range with bilingual controls and interchangeable full-width grate that accomodates a tortilla griddle, adapted for the U.S. market. NA Glass Cooktop Line Premium induction and vitroceramic built-in cooktop line. E PowerPair Cooking Center Microwave-hood combo and freestanding range with coordinated aesthetics are paired for maximum performance, cooking capacity and efficiency. NA European Oven Line Premium built-in oven line with fingerprint-proof finish and Smartcook programming for pre-set recipes and functions. E 30” inch Speedcook Appliance 30” microwave-hood combo, with true capture ventilation, matches the performance and styling of its counterpart commercial- level cook surface. NA Regional Pre-Programmed Countertop Microwave Mid-size countertop microwave line offers programming for ready-made meals and addresses region-specific consumer needs. E, A, LA Water Coolers Water coolers with built-in LCD display and adjustable temperature. NA Stand Mixer with 11 Wire Whip Super-premium stand mixer features an 11 wire whip and new all stainless-steel hook and beater. NA Outdoor Collection Revamped styling and new features, including warming drawers, built-in trash and utility drawers, and electric downdraft grills. NA Pantryware Designed to coordinate with KitchenAid appliances, Pantryware items include a canister set, spice rack, paper towel holder and more. NA Architect Series ll Suite of Products Complete top-of-the-line collection with best-in-class performance, including induction cooktops, warming drawers, built-in refrigerators and a first-of-its kind, full- size wall oven. NA Oiled Bronze Suite of Products Exclusive, richly-hued finish applied to a complete suite of products, including cooktops, wall ovens, warming drawers, refrigerators and dishwashers. NA Super-Silent Overnight Dishwasher Overnight wash program is super silent due to the internal water pressure system regulator. E Wide Built-in Dishwasher 90cm (35 inch) wide dishwasher offers improved ergonomics. E Power Cleaning Dishwasher Targeted spray jets scour away baked-on foods with low sound levels in dishwashers across brands. NA, E (2007) Party Program Accessory that provides excellent dishwasher cleaning and maximum care for a full load of glasses. E 6th Sense Dishwasher Provides variable water pressure and its overnight cycle is amazingly quiet. E Refresh Refrigerator Maintains quality of food in fresh and ready bins, while the contour door and monochromatic ice and water dispenser provide high-end style in the kitchen. NA Fusion Direct-Cool Refrigerator Provides more than 17 hours of cooling retention during power outages, compared to other refrigerators that offer only six hours. A Bottom-Freezer Refrigerator with Filtered Water Bottom-freezer refrigerator with filtered water dispenser that does not compromise the space inside the refrigerator. E Refrigerator with Space Saving Drawers Multiple hygenic drawers offer better space management and optimum food storage. E Built-in No-Frost Refrigerator Built-in “no frost” refrigerator with improved cold air circulation and an anti-bacterial device to keep food fresher longer. E Stainless Formed Door Refrigerator Refrigerator with sculpted formed door, and attractive, easy-to-clean flush-to-the- door ice and water dispenser and LCD controls. NA Draw and Erase Refrigerator Allows consumers to draw and erase on the door’s surface without impacting quality or aesthetics. NA, LA Fresh Refrigerator Promotes fresh food storage with twin cooling towers and antibacterial vegetable crisper. A Iceberg Refrigerator Contemporary styling with uniform cooling and Fast Ice making, complimented by LED illuminated interior and intelligent electronics. A Aesthetic Refrigerator New aesthetics and features include formed door, and external water dispenser and controls. NA centralpark Connection Refrigerator with an entertainment hub for consumer electronic devices such as digital picture frames and MP3 players. NA Refrigerator with Built- In Espresso Maker First side-by-side refrigerator with built-in espresso coffee machine. E Never Frost Freezer Freezer chest that absorbs humidity and prevents frost built up. E Refrigerated Double Drawers Built-in modular refrigerator and wine coolers that reflect the latest trends in horizontal architecture. E 2007 2007 2007 Hygiene+ Washer Unique antibacterial treatment cycle heats laundry to destroy bacteria and remove allergens. E Laundry Work Surface and Tower Organizer Unique staging platform for sorting, treating and folding clothes on top of the dryer. Towers organize laundry supplies. NA Flat Screen Hood Contemporay, high-tech design combines traditional hood performance with light effects. E Twin Genius Speedoven Compact built-in speedcook appliance provides four cooking methods: oven, convection, speedcook and microwave. E Gladiator Fold-Away Workstation Durable and solid work surface for all kinds of garage projects. NA 42” French Door Built-In Refrigerator The world’s first 42-inch built-in French door bottom- freezer refrigerator provides the widest refrigeration space available. NA French Door Bottom- Freezer Refrigerator with Ice and Water Dispenser The first French door bottom- freezer refrigerator with ice and water on the door. NA Blender Professional-grade polycarbonate pitcher and patented blade system with Intelli-Speed for fast and consistent blending. NA Metal Toaster Multiple color choices accent brushed stainless steel finish; sides of toaster stay cooler. NA Delight Frost-Free Refrigerator Refrigerator with LED illumination and storage pedestals for non-perishable food, available in multiple finishes and colors. A Kitchen Suites Appliances are designed to be sold in suites for one- time shopping. NA PRODUCT REPLACEMENT Existing product lines are replaced with updated innovation based on key consumer insights. Semi-automatic Washer Entry-level washer with enhanced features and lower pricing. LA Gentle Drying Accessory Condenser dryer with space- saving accessory to dry delicate fabrics. E Cabrio Laundry Pair Large capacity laundry pair has a see-through window in the washer and the dryer. NA Duet Sport Laundry Pair Smaller version of the Duet laundry pair that handles 12 pairs of jeans in one load. NA Classic Laundry Pair Top-loading configuration with new styling and reliable fabric care. NA REGION KEY NA North America LA Latin America E Europe A Asia 40 NEW PRODUCTS Completely new product lines created to solve previously unmet consumer needs. MARKETABLE INNOVATION Unique, innovation features designed to update existing products and present new product attributes to the marketplace. Velos Speedcook Oven High-speed microwave- hood combo with improved venting, increased capacity and four cooking methods: convection, speedcook, microwave and steam. NA, E All-Gas Double Oven First all-gas double oven. NA Moonlight Ventilation Hood Ventilation hood with unique integrated light and design elements. E Central Water Filtration System Never replace filter removes chlorine, sediment, taste and odor from every tap in the home. NA Gladiator Ready-to- Assemble Series Ready-to-assemble series of cabinets for a do-it-yourself garage storage system. NA Slow Cooker Electronic temperature sensor allows for quick heating; insulated walls provide more even heat retention. NA Single Drawer Dishwasher Water and energy efficient, small-load capacity drawer dishwasher with improved ergonomic loading. NA Gourmand Refrigerator Refrigerator for the amateur gourmet consumer with exclusive stainless-steel design and cheese, desserts, and quick-chill beverage compartments. LA Pure-Water Dispensing Refrigerator Refrigerator with exclusive water purification system. Intelligent electronics advise consumers when to replace the filter. LA Affordable Refrigerator with Ice and Water Dispenser Refrigerator with ice and water on the door, an aspirational feature for many consumers, yet priced for the entry-level segment. LA 2006 2006 2006 In 1999, Whirlpool Corporation launched an innovation initiative to continually drive customer loyalty to our strong brands and grow our business. During 2006, we brought a record number of new products to the marketplace globally, driving additional sales and contributing to profitability: Our innovation revenue reached a record $1.6 billion, twice what it was in 2005 The expected future value of the ideas in our innovation pipeline reached $3.5 billion In North America alone, more than 60 percent of all products sold were introduced new to the marketplace We conducted the largest new product launch in our history with the introduction of a completely new fabric care line in North America Innovation projects continue to return higher-than-average margins and drive shareholder value Our disciplined, structured innovation process, coupled with Whirlpool employees’ dedication, led us to be named one of the world’s 100 most innovative companies by Business Week magazine and to the Ocean Tomo 300 Patent Index, the first equity index based on the value of corporate intellectual property. Our people’s creativity and passion for innovation allows us to continually enrich the value of our branded products. We plan to continue our forward momentum in 2007 with even more innovative products, as well as use our innovation pipeline to reinvigorate the iconic Maytag brand. Our investment strategy for the innovation pipeline is to continually fuel an increasing rate of compelling product innovation that: Delivers new and differentiated solutions for consumers Establishes a sustainable competitive advantage Creates differentiated shareholder value Whirlpool Innovation Pipeline

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Page 1: 2006 2007 - media.corporate-ir.netmedia.corporate-ir.net/media_files/irol/97/97140/2006ar/whr... · interior design. E Built-In SuperHeated Steam Oven ... coffee machine and ... Gentle

Eco-Friendly Washer Reducesenergyuseandoffersa“StartDelay”functionforovernightwashing.E

Washer Lid Colors Newcoloraccentsonwashercanmatchdécoroflaundryarea.A

SpeedCook Built-in Combination OvenAchievesuniformcookingresults30percentfasterthantraditionalovenwithconvectioncookinginloweroven.SpeedCookupperovengrillsandbakes.NA

Bluetouch Washer Washeslargeloadswith“smart”technologythatsavesupto30percentmorewaterandenergy.E

Duet HT Laundry Pair New,sleekdesignwithlargerdoor,moreintuitivecontrolsandoutstandingenergyefficiency.NA

Steam DryerSteamdryerrelaxeswrinklesandremovesodorsinminutes.NA

Slide-Out Laundry WorksurfaceSpace-saving,retractableshelffortreating,folding,andairdryingclothes.NA

Unique Glass RangeHigh-endrangewithagasonglasscooktopforeasiercleanability.LA

Touch RangeFirstfullelectroniccontrolforagasrangewithmorefunctionsandprecisecontrol.LA

Max Microwaves NewMaxproductlineoffersnewcolorstomatchkitchendécor.E

6th Sense Built-in Oven Oven“senses”theweightoffoodandtheprecisetemperatureinsidethecavitytocontrolthecookingprocessandadaptcookingtime.E

Built-in Multi-Flow Oven Exclusivemulti-flowsystemensuresevenaircirculationinthecavityforexcellentandconsistentcookingresults.E

European Launch of KitchenAidKitchenAidmajorapplianceslaunchinEurope.E

Evolution Hood Anexceptionallystylishhoodventilationsystemthatintegrateswithhomeinteriordesign.E

Built-In SuperHeated Steam Oven Built-inoventhatcombinessteamwithconvectioncooking.NA,E

Step CooktopPremiumcooktopthataddstwoinductionplatestotheefficiencyofthreehigh-performancegasburners.E

In Line Gallery Collection Compactproductsoffertraditionalandinnovativefunctions-microwavecooking,fullyautomaticcoffeemachineandwarmingdrawer,allwiththesameaesthetics.E

Freestanding Hispanic Gas Range Rangewithbilingualcontrolsandinterchangeablefull-widthgratethataccomodatesatortillagriddle,adaptedfortheU.S.market.NA

Glass Cooktop LinePremiuminductionandvitroceramicbuilt-incooktopline.E

PowerPair Cooking CenterMicrowave-hoodcomboandfreestandingrangewithcoordinatedaestheticsarepairedformaximumperformance,cookingcapacityandefficiency.NA

European Oven LinePremiumbuilt-inovenlinewithfingerprint-prooffinishandSmartcookprogrammingforpre-setrecipesandfunctions.E

30” inch Speedcook Appliance30”microwave-hoodcombo,withtruecaptureventilation,matchestheperformanceandstylingofitscounterpartcommercial-levelcooksurface.NA

Regional Pre-Programmed Countertop MicrowaveMid-sizecountertopmicrowavelineoffersprogrammingforready-mademealsandaddressesregion-specificconsumerneeds.E,A,LA

Water Coolers Watercoolerswithbuilt-inLCDdisplayandadjustabletemperature.NA

Stand Mixer with 11 Wire WhipSuper-premiumstandmixerfeaturesan11wirewhipandnewallstainless-steelhookandbeater.NA

Outdoor CollectionRevampedstylingandnewfeatures,includingwarmingdrawers,built-intrashandutilitydrawers,andelectricdowndraftgrills.NA

PantrywareDesignedtocoordinatewithKitchenAidappliances,Pantrywareitemsincludeacanisterset,spicerack,papertowelholderandmore.NA

Architect Series ll Suite of ProductsCompletetop-of-the-linecollectionwithbest-in-classperformance,includinginductioncooktops,warmingdrawers,built-inrefrigeratorsandafirst-of-itskind,full-sizewalloven.NA

Oiled Bronze Suite of ProductsExclusive,richly-huedfinishappliedtoacompletesuiteofproducts,includingcooktops,wallovens,warmingdrawers,refrigeratorsanddishwashers.NA

Super-Silent Overnight Dishwasher Overnightwashprogramissupersilentduetotheinternalwaterpressuresystemregulator.E

Wide Built-in Dishwasher 90cm(35inch)widedishwasheroffersimprovedergonomics.E

Power Cleaning Dishwasher Targetedsprayjetsscourawaybaked-onfoodswithlowsoundlevelsindishwashersacrossbrands.NA,E(2007)

Party Program Accessorythatprovidesexcellentdishwashercleaningandmaximumcareforafullloadofglasses.E

6th Sense Dishwasher Providesvariablewaterpressureanditsovernightcycleisamazinglyquiet.E

Refresh Refrigerator Maintainsqualityoffoodinfreshandreadybins,whilethecontourdoorandmonochromaticiceandwaterdispenserprovidehigh-endstyleinthekitchen.NA

Fusion Direct-Cool Refrigerator Providesmorethan17hoursofcoolingretentionduringpoweroutages,comparedtootherrefrigeratorsthatofferonlysixhours.A

Bottom-Freezer Refrigerator with Filtered WaterBottom-freezerrefrigeratorwithfilteredwaterdispenserthatdoesnotcompromisethespaceinsidetherefrigerator.E

Refrigerator with Space Saving DrawersMultiplehygenicdrawersofferbetterspacemanagementandoptimumfoodstorage.E

Built-in No-Frost RefrigeratorBuilt-in“nofrost”refrigeratorwithimprovedcoldaircirculationandananti-bacterialdevicetokeepfoodfresherlonger.E

Stainless Formed Door Refrigerator Refrigeratorwithsculptedformeddoor,andattractive,easy-to-cleanflush-to-the-dooriceandwaterdispenserandLCDcontrols.NA

Draw and Erase Refrigerator Allowsconsumerstodrawanderaseonthedoor’ssurfacewithoutimpactingqualityoraesthetics.NA,LA

Fresh Refrigerator Promotesfreshfoodstoragewithtwincoolingtowersandantibacterialvegetablecrisper.A

Iceberg Refrigerator ContemporarystylingwithuniformcoolingandFast Icemaking,complimentedbyLEDilluminatedinteriorandintelligentelectronics.A

Aesthetic Refrigerator Newaestheticsandfeaturesincludeformeddoor,andexternalwaterdispenserandcontrols.NA

centralpark Connection RefrigeratorwithanentertainmenthubforconsumerelectronicdevicessuchasdigitalpictureframesandMP3players.NA

Refrigerator with Built-In Espresso Maker Firstside-by-siderefrigeratorwithbuilt-inespressocoffeemachine.E

Never Frost FreezerFreezerchestthatabsorbshumidityandpreventsfrostbuiltup.E

Refrigerated Double DrawersBuilt-inmodularrefrigeratorandwinecoolersthatreflectthelatesttrendsinhorizontalarchitecture.E

2007

2007

2007

Hygiene+ WasherUniqueantibacterialtreatmentcycleheatslaundrytodestroybacteriaandremoveallergens.E

Laundry Work Surface and Tower OrganizerUniquestagingplatformforsorting,treatingandfoldingclothesontopofthedryer.Towersorganizelaundrysupplies.NA

Flat Screen HoodContemporay,high-techdesigncombinestraditionalhoodperformancewithlighteffects.E

Twin Genius SpeedovenCompactbuilt-inspeedcookapplianceprovidesfourcookingmethods:oven,convection,speedcookandmicrowave.E

Gladiator Fold-Away Workstation Durableandsolidworksurfaceforallkindsofgarageprojects.NA

42” French Door Built-In Refrigerator Theworld’sfirst42-inchbuilt-inFrenchdoorbottom-freezerrefrigeratorprovidesthewidestrefrigerationspaceavailable.NA

French Door Bottom- Freezer Refrigerator with Ice and Water Dispenser ThefirstFrenchdoorbottom-freezerrefrigeratorwithiceandwateronthedoor.NA

BlenderProfessional-gradepolycarbonatepitcherandpatentedbladesystemwithIntelli-Speedforfastandconsistentblending.NA

Metal ToasterMultiplecolorchoicesaccentbrushedstainlesssteelfinish;sidesoftoasterstaycooler.NA

Delight Frost-Free RefrigeratorRefrigeratorwithLEDilluminationandstoragepedestalsfornon-perishablefood,availableinmultiplefinishesandcolors.A

Kitchen SuitesAppliancesaredesignedtobesoldinsuitesforone-timeshopping.NA

PRoduct REPLAcEmENt

Existing product lines are replaced with updated innovation based on key consumer insights.

Semi-automatic WasherEntry-levelwasherwithenhancedfeaturesandlowerpricing.LA

Gentle Drying Accessory Condenserdryerwithspace-savingaccessorytodrydelicatefabrics.E

Cabrio Laundry PairLargecapacitylaundrypairhasasee-throughwindowinthewasherandthedryer.NA

Duet Sport Laundry PairSmallerversionoftheDuetlaundrypairthathandles12pairsofjeansinoneload.NA

Classic Laundry Pair Top-loadingconfigurationwithnewstylingandreliablefabriccare.NA

REGioN kEy NANorthAmericaLALatinAmericaEEuropeAAsia40

NEw PRoducts

Completely new product lines created to solve previously unmet consumer needs.

mARkEtABLE iNNovAtioN

Unique, innovation features designed to update existing products and present new product attributes to the marketplace.

Velos Speedcook OvenHigh-speedmicrowave-hoodcombowithimprovedventing,increasedcapacityandfourcookingmethods:convection,speedcook,microwaveandsteam.NA,E

All-Gas Double Oven Firstall-gasdoubleoven.NA

Moonlight Ventilation HoodVentilationhoodwithuniqueintegratedlightanddesignelements.E

Central Water Filtration System Neverreplacefilterremoveschlorine,sediment,tasteandodorfromeverytapinthehome.NA

Gladiator Ready-to-Assemble Series Ready-to-assembleseriesofcabinetsforado-it-yourselfgaragestoragesystem.NA

Slow CookerElectronictemperaturesensorallowsforquickheating;insulatedwallsprovidemoreevenheatretention.NA

Single Drawer Dishwasher Waterandenergyefficient,small-loadcapacitydrawerdishwasherwithimprovedergonomicloading.NA

Gourmand RefrigeratorRefrigeratorfortheamateurgourmetconsumerwithexclusivestainless-steeldesignandcheese,desserts,andquick-chillbeveragecompartments.LA

Pure-Water Dispensing RefrigeratorRefrigeratorwithexclusivewaterpurificationsystem.Intelligentelectronicsadviseconsumerswhentoreplacethefilter.LA

Affordable Refrigerator with Ice and Water DispenserRefrigeratorwithiceandwateronthedoor,anaspirationalfeatureformanyconsumers,yetpricedfortheentry-levelsegment.LA

2006

2006

2006

In 1999, Whirlpool Corporation launched an innovation initiative to continually drive customer loyalty to our strong brands and grow our business. During 2006, we brought a record number of new products to the marketplace globally, driving additional sales and contributing to profitability:

• Our innovation revenue reached a record $1.6 billion, twice what it was in 2005

• The expected future value of the ideas in our innovation pipeline reached $3.5 billion

• In North America alone, more than 60 percent of all products sold were introduced new to the marketplace

• We conducted the largest new product launch in our history with the introduction of a completely new fabric care line in North America

• Innovation projects continue to return higher-than-average margins and drive shareholder value

Our disciplined, structured innovation process, coupled with Whirlpool employees’ dedication, led us to be named one of the world’s 100 most innovative companies by Business Week magazine and to the Ocean Tomo 300 Patent Index, the first equity index based on the value of corporate intellectual property.

Our people’s creativity and passion for innovation allows us to continually enrich the value of our branded products. We plan to continue our forward momentum in 2007 with even more innovative products, as well as use our innovation pipeline to reinvigorate the iconic Maytag brand.

Our investment strategy for the innovation pipeline is to continually fuel an increasing rate of compelling product innovation that:

• Delivers new and differentiated solutions for consumers

• Establishes a sustainable competitive advantage

• Creates differentiated shareholder value

Whirlpool Innovation Pipeline